2/7 Foambark Street, Mcdowall, QLD 4053

Located just 10km from the Brisbane CBD this modern townhome offers buyers the opportunity to enter the Brisbane market with a assurance of secure rent from DHA (Defence Housing Australia) until June 2027. Providing dependable income from day one, while also presenting an excellent opportunity for buyers who may wish to move in once the lease concludes. As part of DHA’s make-good process, the home will be fully repainted and recarpeted before handover, ensuring it is fresh, well-presented and ready for its next chapter. Alternatively, an investor may choose to explore a new DHA lease, subject to DHA’s requirements and availability at the time. With its highly sought-after location, close to everyday conveniences, this is a quality property that will suit both investors and future owner-occupiers alike. Featuring 3 spacious bedrooms + separate study or multi purpose room, over 2 levels with an open plan kitchen which flows through sliding glass doors to the undercover outdoor entertainment area and yard. Located in a quiet complex with access to all the important amenities including McDowall State School, local shops and cafes, and Westfield Chermside within close proximity. GROSS RENT FOR 2026: $700pw and adjusted periodically to market value, based on the assessment from independent professional valuer. DHA LEASE DETAILS : * Lease start date: 29/6/2015 * Lease end date : 28/6/2027 * Lease option: USED * Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension * All options/extensions are in DHA's favour. COUNCIL RATES: Approx $614 Per Quarter WATER RATES: Approx $325 Per Quarter BODY CORP FEES : Approx $375 per month ABOUT MCDOWALL : McDowall beckons with its peaceful ambience and excellent liveability, all within easy reach of Brisbane's bustling heart. This leafy suburb, just 10km north of the CBD, offers a charming village atmosphere with convenient access to Westfield Chermside for all your shopping needs. Parks and green spaces abound, perfect for families and nature lovers, while excellent schools solidify McDowall's position as an ideal place to call home. DHA LEASE BENEFITS: * Guaranteed rent paid on time every time regardless of whether the house is tenanted * Annual independent rent reviews * Most maintenance paid for by DHA * The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement). * Zero re-letting fees ** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can’t be occupied by the owner/s until the lease ends ** ***Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Sharon Richter of Hudson Property Agents. In accordance with DHA regulations, we advise that this property will only be available for private inspections and must be coordinated by the agent with the tenants. Information provided above has been obtained from various sources which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorplan, lease dates, build date, land size, floor plans and size, and property condition. Interested parties should make their own enquiries and conduct their due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.